Allied Properties Real Estate Investment Trust (TSE:AP.UN - Get Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$17.46 and traded as high as C$19.70. Allied Properties Real Estate Investment Trust shares last traded at C$19.46, with a volume of 361,522 shares.
Analyst Upgrades and Downgrades
Several equities analysts recently issued reports on the company. Raymond James reduced their price objective on Allied Properties Real Estate Investment Trust from C$19.00 to C$18.00 in a report on Friday, September 6th. Scotiabank increased their price objective on shares of Allied Properties Real Estate Investment Trust from C$21.00 to C$22.00 and gave the stock an "outperform" rating in a report on Wednesday, October 23rd. National Bankshares upped their price target on Allied Properties Real Estate Investment Trust from C$18.00 to C$20.00 in a research note on Wednesday, October 9th. Canaccord Genuity Group upped their price target on shares of Allied Properties Real Estate Investment Trust from C$17.50 to C$18.50 and gave the stock a "hold" rating in a research report on Monday, September 23rd. Finally, Desjardins lowered their price objective on shares of Allied Properties Real Estate Investment Trust from C$19.00 to C$18.50 and set a "hold" rating for the company in a research report on Thursday, August 1st. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, Allied Properties Real Estate Investment Trust presently has a consensus rating of "Hold" and an average price target of C$19.78.
Check Out Our Latest Report on Allied Properties Real Estate Investment Trust
Allied Properties Real Estate Investment Trust Trading Down 4.6 %
The business has a 50 day simple moving average of C$18.78 and a 200 day simple moving average of C$17.47. The company has a debt-to-equity ratio of 71.71, a current ratio of 0.45 and a quick ratio of 0.12. The company has a market cap of C$2.36 billion, a price-to-earnings ratio of -5.08 and a beta of 1.26.
Allied Properties Real Estate Investment Trust Company Profile
(
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Allied is a leading owner-operator of distinctive urban workspace in Canada's major cities. Allied's mission is to provide knowledge-based organizations with workspace that is sustainable and conducive to human wellness, creativity, connectivity and diversity. Allied's vision is to make a continuous contribution to cities and culture that elevates and inspires the humanity in all people.
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